[Federal Register Volume 81, Number 29 (Friday, February 12, 2016)]
[Notices]
[Page 7624]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-02872]


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SMALL BUSINESS ADMINISTRATION

[C3 Capital Partners III, L.P.; License No. 07/07-0118]


Notice Seeking Exemption Under Section 312 of the Small Business 
Investment Act, Conflicts of Interest

    Notice is hereby given that C3 Capital Partners III, L.P., 1511 
Baltimore Avenue, Suite 500, Kansas City, MO 64108, a Federal Licensee 
under the Small Business Investment Act of 1958, as amended (``the 
Act''), in connection with the financing of a small concern, has sought 
an exemption under Section 312 of the Act and Section 107.730, 
Financings which constitute Conflicts of Interest of the Small Business 
Administration (``SBA'') Rules and Regulations (13 CFR 107). Midwest 
Mezzanine Fund V SBIC, L.P., proposes providing subordinated debt and 
private equity financing to Drive Source International, 7900 Durand 
Avenue, Sturtevant, WI 53177. The financing by C3 Capital Partners III, 
L.P. will discharge obligations held by C3 Capital Partners II, L.P., 
LLC.
    This financing is brought within the purview of Sec.  107.730 of 
the Regulations because C3 Capital Partners III, L.P. and C3 Capital 
Partners II, L.P. are Associates and C3 Capital Partners II, L.P., 
holds over five percent of the equity in DSI, therefore this 
transaction requires prior SBA exemption.
    Notice is hereby given that any interested person may submit 
written comments on the transaction, within fifteen days of the date of 
this publication, to the Associate Administrator for Investment and 
Innovation, U.S. Small Business Administration, 409 Third Street SW., 
Washington, DC 20416.

Mark Walsh,
Associate Administrator for Office of Investment and Innovation.
[FR Doc. 2016-02872 Filed 2-11-16; 8:45 am]
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